BRIEF-Aker Solutions Gets Contract From Aker BP

  • Reuters
  • Stock Market News
BRIEF-Aker Solutions Gets Contract From Aker BP
Credit: © Reuters.

Dec 12 (Reuters) - Aker Solutions ASA AKSOL.OL :

* AKER SOLUTIONS TO PROVIDE SUBSEA PRODUCTION SYSTEM FOR PHASE TWO OF AKER BP'S ÆRFUGL

* CONTRACT HAS A VALUE OF ABOUT NOK 700 MILLION

* SUBSEA DELIVERY WILL INCLUDE WELLHEADS, VERTICAL SUBSEA TREES, SATELLITE STRUCTURES, CONTROL SYSTEMS, A TIE-IN MODULE AND ABOUT 30 KILOMETERS OF UMBILICALS

* WORK STARTS IMMEDIATELY AND INVOLVES FACILITIES IN NORWAY, THE UK, INDIA, MALAYSIA AND BRAZIL

* CONTRACT WILL BE BOOKED AS ORDER INTAKE IN Q4

* SUBSEA STRUCTURES ARE SCHEDULED FOR DELIVERY IN 2020

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